Property Management
A property manager who fails to remit collected rent to the owner and uses funds for personal expenses has committed:
AA minor administrative error
BCommingling and conversion (embezzlement)✓ Correct
CAn error and omission
DA fair housing violation
Explanation
Using a client's funds for personal purposes is conversion. Combined with mixing funds in the wrong account (commingling), this is a serious violation that may result in license revocation.
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